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suter [353]
3 years ago
10

Sondra thinks the new business contract she signed with her business partner is valid. Both parties are legally competent, the c

ontract has a legal purpose, an offer was made and accepted, and a fee has been negotiated and documented. Which essential element of a valid contract has Sondra not yet considered
Business
1 answer:
DanielleElmas [232]3 years ago
7 0

Answer: Whether consent was voluntary

Explanation:

From the question, we are informed that Sondra thinks the new business contract she signed with her business partner is valid. We are further told that both parties are legally competent, the contract has a legal purpose, an offer was made and accepted, and a fee has been negotiated and documented.

The essential element of a valid contract has Sondra not yet considered is whether consent was voluntary. This is important as they je must not be forced to sign a contract.

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Place the following obligations as a corporation (as identified by Archie B. Carroll) in order, starting with the highest-level
BabaBlast [244]

Explanation:

1. Being a good global corporate citizen

2. Being ethical in its practices

3. Obeying the law

4. Making a profit

According to Archie B. Carroll,

The first one is Being a good global corporate citizen: How a good citizen is important for the country, being a good global corporate citizen is equally important for the corporate world.

The second one is the ethical practices: This is very closely related to citizenship. There are some professional ethics to be maintained for a corporate world to grow.

The third is obeying the law: Definitely, employees have to adhere to the rules of the organization which is an important aspect for the growth of the organization and to the corporate world.

The last is making a profit: The final part is profit. According to my personal opinion if all the above are followed, profit will reach the organization.

3 0
3 years ago
Evergreen Building, Inc. has declared a $40,000 cash dividend to shareholders. The company has 5,000 shares of $20-par, 6% prefe
FromTheMoon [43]

Answer:

Preferred dividends = $16500

Common dividends = $23500

Explanation:

given data

cash dividend = $40,000

share 5000 = $20 par

preferred stock = 6%

share = 10000

common stock = $15

preferred stock = $12,000

to find out

preferred and common stockholders

solution

Preferred stock dividends = 5000 × $15 × 6%

Preferred stock dividends = $4500

and

Preferred dividends = $4500 + $12000

Preferred dividends = $16500

and

Common dividends = $40,000 - $16500

Common dividends = $23500

8 0
2 years ago
Honda Motor Company is considering offering a $ 1 comma 800 rebate on its​ minivan, lowering the​ vehicle's price from $ 30 comm
finlep [7]

Answer:

Taking into consideration only the income, the increase in unit sales will not increase the income of Honda. It can impact in other ways, like a decrease in inventory.

Explanation:

Giving the following information:

Honda Motor Company is considering offering an $1800 rebate on its​ minivan

New price $30200

Old price $28400.

The marketing group estimates that this rebate will increase sales over the next year from 42000 to 53900 vehicles.

Honda's profit margin with the rebate is $5650 per vehicle.

Normal price:

Income= (5650+1800)*42000= $312,900,000

New price:

Income= 5650* 53900= $304,535,000

Taking into consideration only the income, the increase in unit sales will not increase the income of Honda. It can impact in other ways, like a decrease in inventory.

6 0
3 years ago
Suppose the country of Altaria only produces one good, pink tutus. Last year, nominal GDP was $50,000 and this year it is $200,0
Helga [31]

Answer:

E. None of the above

Explanation:

because the price level is not known, we can not tell definitely that the output is increased or unemployment is decreased or standard of living is increased .

Therefore, we cannot conclude on anything.

​

3 0
3 years ago
Why are the incentives of a supplier the opposite of the incentives of a demander
antiseptic1488 [7]

Answer:

The incentives of a supplier are the opposite of the incentives of a demander because it is a relationship whose nature makes supply and demand inversely proportional to each other: the higher the supply, the lower the demand for each product and the lower its price; While the lower the supply, the greater the demand for each product and the higher its price. Thus, in many cases, suppliers seek to restrict supply to maximize profits, while demanders seek to lower prices through a greater quantity of goods offered.

4 0
3 years ago
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